Well here we go - Shareholder meeting 17 June with view to seeking shareholder approval to issue sufficient shares at .025 cents each to Toll and YAG for them to secure 95%ownership and control of the company.
Well that seems to set the market price for the stock if it relists. Wonder who will be buying when everyone rushes for the door if/when it relists
You can download it here - included is the independent "expert" report lol - Looks like the same mob who said a short while ago that .42 cents per share was fair for Toll to convert his loan to stock
I have read enough to say my opinion has not changed one iota - I would rather vote NO and see it liquidated and the Chinese get it for a song than these mongrels make a fortune out of it. I am in an unusual position where many shareholders communicate with me and I am acutly aware of the pain this has caused to many - Dont know how much Toll would get back if liquidated but to be frank I'd like to see him lose some of his $37 mil rather than making hundreds of million out of that pain
CMR Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
